India Capital Growth (LON:IGC) Sets New 52-Week Low – Here’s What Happened

India Capital Growth (LON:IGC) reached a new 52-week low on Monday . The stock traded as low as GBX 136.50 and last traded at GBX 142, with a volume of 125179 shares trading hands. The stock had previously closed at GBX 141.

India Capital Growth Price Performance

The stock has a market capitalization of £94.55 million, a P/E ratio of -14.26 and a beta of 0.70. The firm has a 50 day moving average of GBX 154.91 and a 200-day moving average of GBX 166.02.

India Capital Growth Company Profile

Fund Objective:
To provide long term capital appreciation by investing predominantly in listed mid and small cap Indian companies. Investments may also be made in large cap Indian companies where the Fund Manager believes long-term capital appreciation will be achieved. The Company may hold liquid assets (including cash) pending deployment in suitable investments. It is the Company’s declared policy not to hedge the exposure to the Indian Rupee.